A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing fine item as a percentage of total assets. 2-a. What percentage of Simultech's total assets relate to inventory? 2.b. What percentage of Simuitech's total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech's business? 3. What percentage of Simultech's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Rea 1 Req 2A Reg 28 Reg 20 Req3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) $ 458 $ 434 520 954 SIMULTECH CORPORATION Balance Sheet (summarized) January 31 fin millions of U.S. dollars) 29 % Current Liabilities 19 Long-term Liabilities 13 Total Liabilities Common Stock Retained Earnings 29 Total Stockholders' Equity 100 % Total Liabilities & Stockholders' Equity Cath Accounts Receivable Inventory Other Current Assets Property and Equipment Other Assets Total Assets 28 33 299 211 124 28 450 1,570 119 497 32 8EU 616 $ $ $ 1.570 100%